AMN Healthcare Services, Inc. (NYSE:AMN) Receives Consensus Rating of “Hold” from Analysts

Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have been assigned a consensus recommendation of “Hold” from the eight brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $41.17.

Several analysts recently weighed in on the company. JMP Securities restated a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, February 6th. William Blair downgraded AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. BMO Capital Markets dropped their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research report on Monday, February 24th. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Truist Financial dropped their target price on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a research report on Friday, February 21st.

Institutional Investors Weigh In On AMN Healthcare Services

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at about $500,000. Public Employees Retirement System of Ohio acquired a new stake in AMN Healthcare Services during the fourth quarter worth approximately $1,609,000. PharVision Advisers LLC acquired a new stake in AMN Healthcare Services during the fourth quarter worth approximately $570,000. White Knight Strategic Wealth Advisors LLC grew its stake in AMN Healthcare Services by 60.9% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 25,650 shares of the company’s stock worth $614,000 after purchasing an additional 9,710 shares during the period. Finally, Voloridge Investment Management LLC acquired a new stake in AMN Healthcare Services during the fourth quarter worth approximately $12,685,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Stock Performance

Shares of NYSE AMN opened at $26.17 on Friday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The stock’s fifty day moving average price is $25.76 and its two-hundred day moving average price is $33.31. AMN Healthcare Services has a one year low of $22.47 and a one year high of $70.07. The firm has a market cap of $999.37 million, a price-to-earnings ratio of -6.80 and a beta of 0.07.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.23. The company had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. On average, equities analysts forecast that AMN Healthcare Services will post 1.33 EPS for the current year.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.